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12.05.2023

U.S. Treasury Secretary Yellen says government is working full-time to work with Congress to raise debt ceiling

U.S. Treasury Secretary Janet Yellen said on Friday that she will be meeting with senior bankers on the debt ceiling next week to hear from them how the debate over the debt limit is affecting the U.S. economy.

Also, Yellen said that she and other government officials are working full-time to work with Congress to raise the debt ceiling, and repeated that if lawmakers fail, the U.S. will face financial and economic catastrophe.

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